The Australian Investments and Securities Commission (ASIC) has launched a new website to help people make good financial decisions; www.moneysmart.gov.au
The Website provides “free independent and unbiased information, tools and motivation”.
If you log on to the site you will notice that it is jam packed with information. There are sections on; managing money, borrowing money, retirement & superannuation, Investing and scams. There are numerous calculators to help you figure out everything from how long it will take you to pay off your home or credit card to how much money you could receive upon retirement by changing your superannuation payments. This could help you budget for potential future home care
needs. There is also a section of quizzes where you can test your knowledge on a range of financial topics.
The site has information for major life events; such as having a baby, losing a job, getting married and … etc. You can also find specific information for young people and over 55s. There’s something for everyone so, go on and have a look!
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